Almost every day, we are seeing another Instagram or Facebook post from a local business announcing they are closing. Cue the post mortem conversations, the blame, the theories, the sideline commentary from self-appointed experts and, of course, the popular scapegoats Worcester loves to blame. We’re not talking about what’s really going on, and it leads to the pointing of fingers and inaccurate theories instead of factual conversations. I don’t pretend to be the voice of small businesses; but I am a voice, and I’m telling you what I see. What’s happening is complicated and not caused by any one big reason. I wish it were that simple. Jessica Walsh My businesses survived 2020, but the long-term effects are coming into focus. Costs have doubled on almost everything, shipping costs have skyrocketed, consumers are spending less, businesses are spending more with less return, supply chains remain delayed, changes are happening citywide, old ways of thinking dominate, and deferred loan payments are coming due. These are just a few of the issues we navigate. Our suppliers have the same struggles and are going out of business, sometimes with the money we paid them for services never rendered. Costs are not being […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
